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birth rate similar to what japan experienced. are we headed that way. keith fitz-gerald, a resident of both countries, america and japan, we'll get his assessment on that. and please, we want to hear from you, e-mail us at varney@foxbusiness.com. tell us exactly what you think and what we talk about. monday morning, seven early movers, apple s rolling the iphone five out worldwide and hits china december 14th. 50 countries will get it and the stock is almost back to 600. dell, goldman sachs upgrade today a buy from a cell. $13 is the price target. it is up today. myriad genetics, the supreme court agrees to hear a case whether genes could be patented. if so, a boost for the company. if you can patent them up goes the stock, but today it's down. delta airlines is in talks to buy 49% of virgin airlines from singapore airlines. and maker of the ugg boots, they're out with positive comments on the stock, sets a $65 price target and it's at 41 and rising. and some soamazon, billions ord on-line. and disappointing results for the well in the gulf of mexico, down it goes. t dow industrial
live to japan straight ahead. >>> plus talk about your deadlines. today we are seven days from congress going on holiday and 25 days from plunging off the edge of the fiscal cliff. >>> the "new york post" photographer who took the picture of the man in the subway tracks before he was hit sits down to tell his side of the story. we'll hear from him this hour on cnn. good morning, welcome to "early start." i'm christine romans. >> and i'm zoraida sambolin. it is 5:00 a.m. in the east. breaking new's massive earthquake in japan. it happened off the coast of japan, about 300 miles northeast of tokyo you can see on the tower cam that we are going to buildings swayed for several minutes there. let's go to alex zolbert live in tokyo what can you tell us? >> this happened friday evening b an hour and a half ago. an unnerving scene. a 7.3 magnitude earthquake. as we understand it, this came along the same fault line that triggered that massive tsunami in march of 2011. we have been watching all the local stations, trying to gather all the information we can. here's what we know at this point in
strong quake that went on for about 90 seconds. >> major earthquake rocks northeast japan. >> the quake measured 7.3, centered in the pacific ocean. >> in the same area that suffered severe damage from a powerful quake and tsunami last year. >> the quake shook buildings as far as tokyo. >> fortunately, no major damage or injuries. >>> this morning the labor department says 146,000 jobs were added in november and unemployment fell to 7.7%. >> hurricane sandy did not have an impact on these numbers. clearly, you do have an improving situation here. >> the message we all want to send to members of congress is this is a solvable problem. >> we've only got 25 days until the fiscal cliff. >> according to "new york times," house speaker john ba boehner has asked democratic leaders to step aside so he and the president can negotiate a deal one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a s
. 30,000 american troops are stationed there. japan is preparing for the launch as well, they are deploying service air missiles to shoot down anything that may enter its airspace. joining me now is gordon chang. you say that if this is all true, north korea has a very specific audience. who and why? >> the specific audience would be iran.e. who and why? >> the specific audience would be iran. north korea and iran have been conducting a joint missile development program for at least 15 years. in the beginning of september, they signed a technical cooperation agreement, just yesterday, the kyoto news agency reported that a facility close to the chinese border, they are there for nuclear weapons and missile purposes. we need to keep an eye on north korea's relationship with iran. jenna: not only because it is a weapon, but because it can carry a nuclear warhead -- do i have that right? can you explain it to her audience? reporter: sure. north korea has these weapons. but her rants iran is on the verge of getting them as well. they have had warhead testing, which looks like
. they are saying it was successful. we can't confirm it. it flew over japan. how will the international community respond? the latest fallout just ahead. on your prepaid card? introducing chase liquid. the reloadable card with no fee reloads and withdrawals at chase atms. all for one flat monthly fee so there's zero confusion. get rid of prepaid problems. get chase liquid. >>> north korea says the long raun range missile launch was successful. they said they picked up the launch immediately and are pan rising all of the related data. north korean says the goal was to put a scientific satellite in to orbit. united states and south korea say it is a cover for tests ballistic technology. monday, north korea said a technical glitch would delay the launch until this month. the international community got an unwelcome surprise. i am joined now with the latest. north korea says the launch was to put a satellite in orbit. they say it was successful. the international community believes it is a cover story for ballistic missile test. what's the latest you are hearing from seoul? >> a half hour ago, north
in japan. the country was rocked by a powerful 7.3 magnitude earthquake. it hit off the coast of tokyo. the buildings there shaking. you could see some of the video showing the degree to which they were shaking. alex, what's the latest? >> reporter: it has been a very, very tense few hours here in japan after you mentioned a 7.3 magnitude earthquake striking late here in the day on friday. but just in the past 90 minutes or so, the all clear has been given. the tsunami warning has been lifted. that's great news for the people here. there's no signs of any significant damage. no reports of any deaths. just a few injuries at this point. we also have to keep in mind the nuclear power plants. we have heard from the operator of those. they say everything is fine. but as you mentioned, this brings back very painful memories up for the people in the region in northern japan. we were on the phone with one person who said when this earthquake hit, their first reaction was ohno, not again. but it's late here on friday in tokyo where we are. everything appears to be fine. just one wave came ashor
it will be a concern. we have thousands of troops stationed in japan and korea. there is talk of being able to reach los angeles or the western coast. no north korean test so far has reached that near abroad. bill: what would korea want to prove with this launch? >> always dangerous to try to climb into the mind of a north korean leader. but there would have to be a domestic component to the situation. there are important elections taking place in japan on the 16th and south korea on the 19th of this month. well within the range of this test that is scheduled to come in the coming days. influencing their neighbors and influencing politics and testing new ground with what would a second-term approach be with obama. bill: this is what we believe to be the ultimate range. 5,000 to 6,000 kilometers. 3,700 miles. china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> th
at a certain point. connell: are you worried at all about a slowdown in china? charles: europe is up. japan is. they will need natural gas and coal. global demand for this will be huge. this is one that i think people should own long-term. dagen: thank you. charles: by the way, i loved your interview with representative sanchez. dagen: thank you, charles. connell: a quarter past the hour, let's go back to the markets. nicole: we are looking at it now. they are digesting a big acquisition. as i noted, this is a top performer. it is up over 4%. let's take a look at the broader orchid and -- let's take a look at the broader market. the last time we saw this kind of trend it was up seven days. the dow is up. back to you. dagen: at it again. north korea launching a rocket. legitimacy of the regime. we will talk about that coming up. connell: to the stage for similar seeds in different areas of the nation. first, let's take a look at world currency. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the
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into orbit. leaders in wash washing, japan and south korea are calling for immediate consequences. even china is criticizing north korea's move. the three-stage ballistic missile was carrying a satellite which u.s. officials say is now tumbling out of control as it orbits around the earth. its purpose remains unclear. but officials say the rocket is similar in design to one that could potentially reach the united states, richard. >> forget about the satellite. this is essentially a long-range missile test. it's a question of when and not if north korea gets the capacity, among other things, to target the west coast of the united states. now, they still haven't figured out how to miniaturize their nuclear weapons and put them on top of that missile, but that day will come. so one thing we have is north korea continuing to be a bowl in a china shop. and all this talk of sanctions and consequences are just that. it's so much talk. china is either unable or unwilling to rein them in. meantime, you have china flying aircraft over disputed islands of japan. japan in response scrambling fighter jets
the islamist dominated government consolidate its power. >>> an a powerful earthquake struck on japan's northeast coast today. 7.3 magnitude quake shook buildings in tokyo. looking at video there. it triggered a three foot tsunami wave. japan is still recovering from a massive earthquake you remember and tsunami that killed more than 15,000 people last year. >>> wow. the owner of this jewelry store in georgia says it's a miracle no one was killed when this happened. a driver accidentally rammed her minivan into the store. she told police a cannister lodged against the gas pedal. flying glass hit customers, one woman had a deep cut in the back of her head. the store had $30,000 in damage, but thank goodness no one was seriously, seriously injured or killed. look at that, wolf. wow. >> terrible. be careful. >>> president obama's top campaign strategist is here in "the situation room," getting ready, only a few minutes away. david axelrod, he did something today he hasn't done in decades. look at that, look at the mustache before, no mustache after. and guess what, he is ready to do some
kctv asking the public to keep them and the belcher family in their hearts. >>> crews in japan removing nine bodies from a collapsed tunnel outside of japan. police say a section of concrete more than 350 feet long fell from the ceiling. >>> pope benedict is joining the twitterverse. he's encouraging the public to ask questions using the hash tag, ask pontiff x or b xvi. the vatican says this is the tip of the iceberg for the church's presence in new media. now you know. >> you going to have a twitter conversation with the pope? >> i was expecting to have a twitter battle for followers. i expect that kind of thing from you. >> i suspect the pontiff will win handily. >> i think he might. >> deserves to. isha, thanks. >>> next, the reaction to the huge news from across the pond. prince william and catherine, the duchess of cambridge, expecting their first child. she's in the hospital with severe morning sickness. the latest on her condition and what the baby means for prince harry next. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in
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with us today. a powerful earthquake sends shock waves through japan one year after a tsunami killed thousands . another sunshine warning in affect. >> steve: that is not good. it is a victory for capitalism but not everybody is happy. that is not wisconsin. it is the state of michigan taking on the organized unions. we'll tell you what just happened to the michigan workers. it changes everything. >> brian: really. big government goes to dogs like forcing flood lights in the yard . it is it happening on friday. "fox and friends" starts just about now. ♪ ♪ "fox and friends". >> gretchen: good morning, everybody. tgif. hopefully you will have a great friday as we move in the weekend. get christmas shopping done and put up the lights and your tree. >> brian: last week of the summer concert series. is it over. >> gretchen: break out your snow mobiles. i got ear must haves for you. steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it eve
with breaking news out of japan. a strong 7.3-magnitude earthquake has struck off the country's northeastern coast. that's the same region hit by last year's massive earthquake and tsunami. well, this morning's quake shook buildings as far as tokyo, and there are reports of a three-foot tsunami in the miyagi prefecture. the u.s. geological survey says there's no risk of a widespread tsunami, and so far, there have been no news of injuries or damage. of course, we're going to keep an eye on any aftershocks that occur and we'll bring you the very latest. >>> well, elsewhere, all eyes are on cairo this morning as turmoil has once again overtaken egypt's capital. this time, it's in response to a politically explosive power grab by the democracy's president, mohamed morsi. right now, soldiers are setting up barricades as morsi's opponents plan a million man march in cairo's tahrir square later today. last night, army tanks surrounded the presidential palace as thousands of protesters waved flags and shouted "topple the regime." you may remember, that's the same chant heard during the revolution t
japan bombed the u.s. naval base. the surprise attack forced the united states into world war ii. today, survivors returned to pearl harbor to remember. >>> a severe draught is draining the mississippi. why it could also help drain your wallet. that's next. :.o of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. heartburn symptoms causedelieve by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help
after north korea successfully launched a satellite into orbit, leaders in washington, japan, south korea are calling for immediate consequences, even the chinese are criticizing north korea's move. the three stage ballistic missile was carrying a satellite which u.s. officials now say is tumbling out of control as it orbits the earth. the purpose, unclear. the officials say the rocket is similar to design to one that could potentially reach the united states. defense secretary leon panetta appeared to down play that threat. >> the fact that they've launched this missile is clear provication. we've warned them not to do it. one of the reasons we're rebalancing the pacific is to deal with the threat from north korea. and we will. we're prepared to do that. we'll respond if we have to. >> how would we respond? does this mean they could hit the united states? >> no. the fact is that we do have a very strong missile defense that would be able to guard against that kind of potential. and -- >> so we would be able to stop fit it were coming in. >> i'm very confident we would be able to do
this sunday morning the second of december, 2012. in japan, at least three people are dead in a tunnel collapse west of tokyo. more cars may be trapped under the rubble inside of the two-and-a-half mile long tunnel. it's been another deadly day in afghanistan. the taliban says it was behind an assault on a nato air base in the eastern part of the country. it involved at least four suicide bombers in cars and led to a gun fight that lasted two hours. all nine attackers were killed along with five afghan civilians. today's "washington post" is reporting that the pentagon plans to expand its spy agency. the defense intelligence agency. to a size that rivals the c.i.a. the national weather service has posted flood warnings for two rivers north of san francisco as california braces for another powerful rainstorm. the storm increases the risk of downed trees and power lines in the already water logged region. the kansas city chiefs square off against the carolina panthers later today one today after the chiefs' starting linebacker jovan belcher shot and killed his girlfriend and drove to the
a declaration of war against japan. i'm not going attack japan today. >> that's a good one. opposition to increasing taxes, the question you have to ask is why now? the most obvious reason has to do with the election results. tax rates for the wealthiest filers was debated. the raise the taxes side won. the cut taxes for wealthy people lost. in case you don't believe the votes cast, look at the polling. the deeper reason we are seeing a shift on the politics of taxes is that the actual facts of the matter change. when the great tax revolt started, americans were paying a lot of taxes. they challenged it into prop 13 in california and required a two-thirds majority to impose new taxes. years later, reagan won office promising to cut taxes especially for those at the top. now, 30 years later, americans are paying less in taxes than anytime in recent memory. a total tax burden, federal, state found a household making 355,000 in 2010 paid 42% of income in taxes down from 49% back in 1980. a household making median income saw it decline to 27.7% now. so, it's not surprising that as the tax
it is in their interests. if north korea's nuclear weapons program goes on other countries in the region, japan, south korea, taiwan and others are themselves going to look whether they want nuclear weapons which would obviously make the entire region much more unstable. jon: and for those who wondered whether kim jong-un had staying power as leader of north korea, he just bought himself a whole lot of time in that job, didn't he? >> well i think he showed that the capability of the north koreans has been underestimated and i think you're right. this will be a political boost for him but let's be clear. this rocket-testing program and the work with iran have been going on for decades and they have had some notable failures but each failure tells them something and each success tells them something. if they can put a payload into orbit which we concede they have apparently done, in effect they're well on the way to putting a nuclear payload anywhere on the planet. jon: two members of the original axis of evil still working together. ambassador john bolton, thank you. >> thank you. jenna: we're going to
slightly. japan's nikkei index was trended in the positive territory. and it is 9:12. weather, we're traveling today, checking out for today's new year's celebration. going to have to bundle up in much of the country. cnn's meteorologist karen mcbegmcgia maginnis is live. >> you may have heard about the peach drop in atlanta, the coverage drop in key west, and the musical note drop in nashville and the space needle in seattle, but the quintessential new year's eve celebration takes place in times square, new york city, going to be a little breezy. so bundle up. temperatures in the 30s. you get down to some of the areas where the tall buildings are, you get kind of the funneling of the wind, and the result, it's going to feel a little colder than 36 degrees. take awe cross the country. here comes the rainfall for the southeast. in atlanta, it will hold off until after midnight. indianapolis, we'll see 31 degrees at midnight. but the coldest areas that we can find across the lower 48 states will be in the dakotas and the midwest with singlie digits, but that is very deceiving becaus
. >>> a frightening screen this morning on a highway in japan where at least three people were killed when part of a tunnel collapsed outside of tokekytoky. ceiling plates made of concrete fell on cars. the tunnel is 35 years old but was just inspected a month ago. >>> police in san diego are searching for two men caught on tape, caught allegedly stealing, hundreds of pairs of underwear from a victoria's secret. one of the suspects is holding a shopping bag. underwear estimated 4,000 bucks. >>> finally, last week we show you that house right in the middle of a new highway in china, it seems like the owner had a change of heart. he's now agreed to accept compensation to move out and his former home as you see there, torn down. >> pretty definite. all right, ron. >> thank you, ron. >>> we'll turn now to if fiscal cliff, 30 days from an economy-crippling deadline. yet talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. >> last weekend, you sat right here and you said you were reasonably optimistic that a deal could be afo
that felt the chinese did some saber rattling with japan and the philippines and that backfire and the chinese realized that and learned the lesson they shouldn't try to be provocative. you're suggesting no. this is a new more assertive china. >> my sense in the past few weeks is we're going to see this new leadership continue with this more assertive foreign policy. they've developed a new passport that shows china as possessing all of the south china sea and it's caused quite a ruckus. i don't see china right now learning a lesson and taking a step back. i see what they're trying to do is changing the facts on the ground and thinking this is a long term policy and they're going to win out in the end. >> thank you so much. up next, what in the world is europe going to get a new independent country soon? i'll explain. tdd#: 1-800-345-2550 let's talk about your old 401(k). tdd#: 1-800-345-2550 you know, the one that's been lying around. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 rollover your old 401(k) to a schwab ira, and we'll help you tdd#: 1-800-345-2550 find new ways to mak
. >>> a frightening scene this morning on a highway in japan where at least three people were killed when part of a tunnel collapsed outside of tokyo. the company that operates that highway, ceiling plates made of concrete fell on cars. the smoke from a fire initially made it impossible for rescue workers to get inside the tunnel. the tunnel is 35 years old but was just inspected a month ago. >>> police in san diego are searching for two men caught on tape, caught allegedly stealing, hundreds of pairs of underwear from a victoria's secret. you can see one of the suspects is holding a shopping bag. the other dropping in handfuls of underwear. underwear estimated 4,000 bucks. >>> finally, last week we showed you that house right in the middle of a new highway in china, it seems like the owner had a change of heart. he's now agreed to accept compensation to move out and his home, now former home, as you see there, torn down. >> pretty defiant. all right, ron. he's out. >> thank you, ron. we appreciate it. >> you got it. >>> we'll turn now to the fiscal cliff, 30 days from an economy-crippling dea
, mortgage witzmann. this is his account of pearl harbor and the surrender to japan. >> 1941 a date that will live in infamy. >> i actually enlisted in january of 1943. i would have brn drafted anyway, but i was anxious to get after the people who started that whole war after pearl harbor. so i found mooits on board a troop ship in december of 1943 on its way to south hampton, england. my name is mort waitzman. i was actually designed to a communications intercept place where we intercepted german radio to help break down the german enigma code. >> inengland, general dwight d. eisenhower and his commanders chart the -- >> as d-day approached, our job, our mission was to board ship and be prepared for d-day whenever it actually took place, and we soon found it it was supposed to be june 5th but the weather was bad and the general made it june 6. it was at the beaches in normandy at about 5:00 or 6:00 in the morning, our job was to move out fast. enemy fire was very intense and had very, very heavy casualties at the beach. 7 or 8,000 of our group was killed or wunlded at that beach. t
of next year. and that is central banking wars. japan is right next door, dan. >> this is a story that is getting not as much play as it should. but the dispute going on between china and japan is quite stark right now. and i see on the interweb that is a chinese think tank has come out and said conflict between japan and china is inevitable in 2013 and 2014. this is a real debate. simultaneously lost in the debate over the election of abe and his push for abe-nomics is the fact that this is a very nationalistic individual. his first term in '06 was characterized by a lot of nationalistic policies. we'll see how that plays out with respect to the ongoing debate. >> we have to take a break here. the markets are looking for some direction after fiscal cliff negotiations stall. we get the word from the nyse floor, next on what you should be watching in today's session. later on, the anti-tax man himself is here to tell us about how he feels about the latest developments in the fiscal cliff negotiations. what a wild ride here we've seen all morning long. right now the dow up about 25.
. >>> tokyo is, japan is the most expensive studio in the world. average cost for a movie ticket. $22. average cost for a beer. $10. manhattan ranks 36th. liz: is $10 high for a beer. david: not a manhattan bars. i've had a few $10 beers. but that is another story. liz: one of the important parts. health care act is creation of health care exchanges to help individuals get insurance if their employer didn't provide it. david: the clock has run out. today is the deadline for states to decide who will set up mandatory exchanges, the state or the federal government. peter barnes is in dewe with the story. >> that's right, david and liz. these health care exchanges are big part of obamacare. the administration is counting on them to provide coverage for 23 million people by 2016. but as of the deadline today, half of the states are create their own exchanges but 26 states will let the federal government set them up for them and six states will set them up in partnership with the feds in kind of tests here. now, some republican governors are passing on these because they opposed obamacare. others a
in the united states and england and japan, zero interest rates, quantitative easing -- liz: would you short the rhode island y'all in brazil? >> i think they're probably going to be one of the weaker emerging market currencies in 2013. liz: what else would you start? >> i really don't like those currencies where you have, you know, political strife in combination with economic problems. and right now although i wouldn't want to short the euro outright, i think that that's certainly one you would want to avoid. those on the periphery let's say in central europe, perhaps, could be another currency that you would want to avoid. liz: go long the canadian dollar, long the south african rand. >> the worst currency of this coming year is the japanese yen. liz: yeah, it's fall, and the new leader says he is going to spend a lot, so that's going to go down. happy new year, michael. >> thank you, liz. liz: michael woolfolk, dow jones industrials holding on to gains of 117 points. closing bell in just 16 minutes. coming down to the wire as we approach the fiscal cliff. still without a solid deal in pl
and shakes buildings in japan in the same area as nearly two years ago. >>> fiscal cliff for air travelers, ground your trip or compromise air safety. >>> be careful what you write on review websites. one woman is being sued for almost $1 million for posting a nasty review online. find out which side the judge is taking. taking. "newsroom" begins right now. -- captions by vitac -- www.vitac.com >>> good morning. thanks for joining us. i'm don lemon in for carol costello this morning. the labor department this morning says 146,000 jobs were added in november and unemployment fell to 7.7%. so, let's put this all in perspective for you just one month earlier. in october, 138,000 jobs were added. so we're going to begin our coverage now with cnn correspondent and first up is christine romans. good morning, christine. >> good morning, don. we give the headline 146,000 jobs created, more than we expected, more than economists had expected, twice what a cnn money survey of economists had expected. unemployment rate fell to 7.7%. i'm going to tell you, it caught me by surprise. most people thought
come in from japan. what has been the reaction to that rocket launch from the north koreans? >> the amazing thing here in south korea is that even with the rocket launch, folks here are working, they're building, they're thriving. they're focused. and they're building their economy. there's actually been relatively little conversation and don't seem all that worried. i think they believe the foreigners that are here are a lot more worried than they are. they're going about their business, and their business is building the country, building the economy. it's been very impressive to see what i've seen. >> governor, roland martin here. i'm curious. you're trying to bring business from south korea to your state. what kind of business, though? how are you pairing those two up in terms of what your state is good at? south korea might say, hey, it might be a good idea for us to go? >> when i was in the business world, i spent a lot of time visiting customers. now that i'm governor, i still spend time visiting customers. some of those customers are right in delaware, but some of th
's not from japan. it's a car like no other... from a place like nother. introducing the all-w 2013hevrolet malibu, our greatest malibu ever. ♪ she's looking for some gifts at toys r us. think you can get similar items at walmart for a lower price? i don't know. let's go see. disney princess bike -- $58. over $11 less than toys r us. wow! that's great. and assembly's free. toys r us charges 10 bucks. that's awesome! razor electric scooter. no way! it's a savings of over 30 bucks! oh -- that is awesome! on those two items -- you could save $42.98 versus toys r us. that is so good! i know! see for yourself -- bring in your christmas list and see how much you could save on the brands you want. walmart. >>> some protesters went home -- >> frank summerville is a news anchor in oklahoma. used to hearing from the public. but when he posted a picture doing his daughter's hair on facebook, he and his wife, donna, were overwhelmed. >> the facebook page just lit up. and it kept going and going and going. >> i think it hit a racial chord. i think it also hit a father/daughter chord. >> eight years ag
by killer drug violence. >>> rescue efforts are under way in japan following a horrifying accident. a highway tunnel west of tokyo collapsed, trapping cars inside and then sparking a fire. police say they have found several burned bodies in one vehicle. they're trying to get to at least two others trapped inside. it's not clear how many people may still be inside that tunnel. >>> now to egypt. the country's high court has postponed a critical hearing on the controversial new draft constitution. this as thousands of president morsiremain camped in the streets. tell us what the high court was supposed to be hearing and why they're not meeting after all. >> reporter: well, this was a big development this morning in cairo. now it seems over the past 24 hours the momentum in this conflict seems to be shifting in favor of president morsi and his supporters and shifting away from the opposition factions behind us and the president's opponents. this morning, egypt's top court was set to rule on the constitutionality of president morsi's decrees last week and the constitutionality of this s
and deadly scene in japan. just look at it. at least two cars are still trapped inside a highway tunnel after a massive section of the concrete structure collapsed. police say at least nine people died and they found several burned bodies inside the rubble. it is not clear yet what caused the tunnel to cave in about 50 miles west of tokyo or exactly how many cars were inside at the time. >>> chinese authorities have demolished a house sitting in the middle of a new highway. the home was for chinese homeowners resisting what they call unfair compensation. well, the duck farmers who lived there, a husband and wife, refused to sell for months while local authorities built the new highway around them. well, the house was torn down yesterday. they were the lone holdouts. hundreds of other homeowners sold a long time ago. >>> talk about a traffic jam, thousands of cars and trucks are stuck on a major highway in russia after a snowstorm caused a huge traffic backup just two days ago. a 34-mile stretch between moscow and st. petersburg is completely janled with just one lane in each direction clear o
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japan earlier today. several people reportedly hurt, but there were no reports at this point of serious damage. one coastal city reported a tsunami of three feet that hit about 45 minutes after the quake. up next, a new report shows that the 2012 presidential election broke a big money milestone. it made it the most expensive race ever. we'll tell you precisely how much was spent. it's our "news nation" gut check. don't forget, you can join the "news nation." we're looking for members on facebook. there we are right there. we're at facebook.com/newsnation. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. [ male announcer ] it's
in the economy. certainly europe's not any help. what's happening in china and japan is not any help. then you add on top of it what's coming out of washington. i don't think you should get your hopes up about figuring it out before the end of this year. i think there's a pretty deept chance we go over the cliff and then try to sort it out in the beginning of the year. >> lovely. >> joe, when did 146,000 jobs become good? have we become so pessimistic -- have our expectations come so low we're cheering 146,000 when we should be well over 200? >> plus the downward revisions for the previous two months. >> although, those revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue
japan attacked pearl harbor and america joined world war ii. >> the pivotal moment in american history remembered today with a moment of silence at pearl harbor in hawaii at 7:55 a.m. that's the exact time the bombs dropped, killing 2,390 service members and 49 civilians. amazing. >> that's it for us. thanks very much for watching. you can always follow what's going on here in the situation room on twitter. i'm @wolfblitzer. >> i'm yt kate bolduan. >>> "erin burnett outfront" starts right now. >> outfront next, john boehner says the sprt slow walking to the edge of the fiscal cliff. but the house speaker did give us one flash of hope if you listen to his words very carefully. the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. outfront tonight, the magic number after a whole week of harsh words here in washington and threats to, did house speaker john boehner hint ever so slightly at a compromise today that
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, i think, was in japan where an individual went in with a knife and stabbed a number of children around this tender age too, but you normally don't see this, but we do see, unfortunately, about 20 mass shooting incidents which may well turn out to be. we'll see an average of 20 of these per year, and, unfortunately, that number doesn't go down, and at least this year it appears that it's gone up. >> clint, wnbc is reporting that there may be more bodies in the elementary school. essential this is an unfolding tragedy. i want to bring in our panel here, and also joining us on the phone -- sorry. joining me today in set in new york city, the golden strip, michael eric dyson, host of nbc, melissa harris perry from the nation, and ari melbourne, columnist for the washington post and msnbc contributor jonathan capehart. this is, unfortunately, something that is tha has happened a number of times this year. an ongoing national nightmare, these shootings that take place. i guess my first question is an unfolding situation. certainly we are getting more details there. there may be more b
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